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Could Bitcoin Actually Be Carbon Neutral? This ETF Seems to Think So


Could Bitcoin Actually Be Carbon Neutral? This ETF Seems to Think So
June 3, 2021
With Bitcoin’s environmental impact increasingly scrutinized by investors, a plethora of companies are looking for energy-efficient alternatives.
One, River Digital Asset Management, LLC, is offering up a solution, having filed an S-1 with the SEC on May 24
th for the One River Carbon Neutral Bitcoin ETF, the first carbon-neutral cryptocurrency ETF to be put before the commission.
So How Is This ETF Carbon Neutral?
The One River Carbon Neutral Bitcoin ETF would hold physical Bitcoin and carbon credits and be priced via the MVIS One River Carbon Neutral Bitcoin Index, which uses spot Bitcoin prices volume-weighted from various top cryptocurrency exchanges, adjusted to reflect carbon credits necessary to neutralize the bitcoin’s carbon footprint. ....

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One River Digital Asset Management welcomes Courtney Simmons Elwood and Harold Ford, Jr. to its Academic and Regulatory Advisory Council


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GREENWICH, Conn., May 26, 2021 /PRNewswire/ One River Digital Asset Management (together with its parent, One River Asset Management) announced the addition of two new members to the firm s Academic and Regulatory Advisory Council: Courtney Simmons Elwood and Harold Ford, Jr.  They will join Jay Clayton, former Chairman of the U.S. Securities and Exchange Commission, Kevin Hassett, former Chairman of the White House s Council of Economic Advisers, and Jon Orszag, former Economic Policy Advisor on President Clinton s National Economic Council.
Ms. Elwood served as General Counsel of the U.S. Central Intelligence Agency from June 2017 to January 2021.  From 2001 to 2007, she held a number of senior positions in the federal government, including as Associate Counsel to the President, Deputy Counsel to the Vice President, and Deputy Chief of Staff and Counselor to the Attorney General.  Before and after that stint in the governmen ....

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